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Gold/Mining/Energy
Image Processing Systems (IPV-TSE)

An SI Board Since December 1996

Posts	SubjectMarks	Bans	Symbol
658	8	0	IPV

Emcee: sPD	Type: Unmoderated

Introduction Market Data Compact

"Hockey-stick growth" is how the Globe & Mail's Dec 24 article on
"Where Are They Now" characterized this company. This followed a
mention in the Investor Alert column in the Dec 21 issue in which
they mentioned that analysts at Taurus Capital Markets Ltd. had
recommended Image Processing Systems (IPS) as a buy with a 12-month
target of $5 (currently $2.65).

The above, which mentioned that they are profitable already, prompted
me to do some digging and I came up with some more information from
company news releases, the source for almost all that follows.

IPS develops and manufactures systems used for automated inspection
and process control in specialized industrial markets. Over 95% of
their sales are exported. The Company's primary product ADI Systems
(Automated Display Inspection) are used worldwide in factories of
major electronics manufacturers including Philips, Siemens, Daewoo,
Sony, Zenith, Thomson (RCA), RCT Sharp, Caihong Electronics, JCT
Electronics, Chunghwa Picture Tubes and International Electronics.
In addition, the Company has also developed and installed a bottle
thread inspection system for Labatt breweries.

Some financials & misc:

- year ended Mar 31/96: revenue 3.1m (vs 1.1m in '95)
- Q1 ended June 30: revenue 2m (vs 0.5 in '95)
EPS -0.23 (vs -0.083 in '95)
- 6m ended Sept 30: revenue 5.2m (vs 1.8m in '95)
EPS +0.036 (vs -0.26 in '95)
- Nov 25: office opened in Taiwan to serve Far East
- Dec 12: new hand-held unit announced
- Dec 16: office opened in Beijing
- Dec 24: article in Globe & Mail. President forecasts FY revenue
of $9m to Mar 97 with $0.2m profit, and expects
revenue to double to $18m in the following year. They
had to increase staff to 71 from 53 in May. The
bottle thread inspection system installed recently at
Labatt's has large expansion potential.

IPS trades on the Canadian Dealing Network (symbol IMPS) in
Toronto. The company contacts given are:

Chris Cory, CEF, Toronto, Ontario (416) 777-0001

Terry Graham, President IPS Inc., Scarborough (416) 492-4000

The full texts of the news releases used in extracting the above can
be obtained via Carlson at www.fin-info.com (do a search for stock
symbol IMPS).

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
658	Hint: "Hhhhhhhhhheeeeeeeeeeeee HHHHHHHHHHHaaaaaaaaaa"	LaFayette555	-	4/6/2006
657	PHTN thread for those interested. . . Subject 4054	Wallof Confusion	-	3/5/2001
656	1 PHTN for 22.37 IPV shares so I do the math and when prices near parity I'	LaFayette555	-	9/29/2000
655	Should we sell on a spike? The future of such mergers is often not good.	Veritas	-	9/28/2000
654	HHHHHEEEeeeeeeeeeeeeee HHHHHHHHHHHAaaaaaaaaaaaaa ! This one is giving me a case	LaFayette555	-	9/27/2000
653	Received reply from Flora Wood re: the replied to post. With permission to pos	Wallof Confusion	-	2/25/2000
652	I have been researching Braintech BNTI(OTC.BB) and it seems they may have a tec	Wallof Confusion	-	2/20/2000
651	IPS Wins $2.4 Million Contract From China's Largest Picture Tube Maker : Co	John Marcinko	-	2/15/2000
650	I was in this stock a few years ago and got out when it crashed. I have been w	Factfinder	-	2/14/2000
649	Here's the press release... IPS Reports 106% Revenue Growth For Nine Month	John Marcinko	-	2/14/2000
648	Q3 results: sales up 106% and bottom line. A good reason for the stock to go up	B. Kelly	-	2/14/2000
647	IPV +0.15 to $1.60 in early morning trade. After trading between $1.25-1.50 fo	John Marcinko	-	2/14/2000
646	Sorry I haven't been following this one very closely lately other than to	Factfinder	-	12/6/1999
645	Have you notice if there is a company halted on NASDAQ at same time. R.H.	robin hood	-	12/6/1999
644	Tse:IPV mr.Tepelanas bought 4000 at 1.00 28-10-99 + 6000 at .90 1-11-99 hold 2	robin hood	-	12/1/1999
643	Please provide more details if possible. Thanks	Factfinder	-	12/1/1999
642	Insiders buying at $1.00 5-11-99 R.H.	robin hood	-	12/1/1999
641	He was right, target 2.35 but speculative. Let see if we can get this order now	robin hood	-	10/27/1999
640	Image Processing Systems Inc - Image Processing second-quarter results Image P	David Michaud	-	10/26/1999
639	Tse:IPV press release today and been told results should come out Tuesday 26.	robin hood	-	10/21/1999
638	There is an interview with mr.Wawrew (IPV) in www.stockhouse.com Good readi	robin hood	-	10/6/1999
637	I see that a brokerage analyst is calling for $2.35, a few posts back on this	George McB	-	9/23/1999
636	What a great day yesterday. I saw $1.20 as a resistance level, but we broke thr	Grant MacMillan	-	9/22/1999
635	Two newsletters recently recommended IPV. Future Stock (Vancouver) is the best	George McB	-	9/17/1999
634	I had the pleasure of touring the facilities yesterday, and can honestly say th	Grant MacMillan	-	9/17/1999

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